I’ve Helped Thousands of People Build Their Business…Here’s How
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- Опубліковано 12 чер 2024
- In this video, I’ll share my complete playbook to building a multi-million dollar business from scratch.
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Ramit Sethi is the host of Netflix’s “How To Get Rich” and New York Times bestselling author of “I Will Teach You To Be Rich”
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I’m in year 6 of my business and my customers went off a cliff. I was closing about 3-5 deals per month and then in year 6 - it took a nose dive. But I’ve dug deep, looked at my own motivation and what made me start and flourish all those years and it’s what I truly enjoy. So- I’m pivoting by trying out a few new types of clients and I will get over this hurdle. My best year (year 2) I made on one month what I made in one year and that’s when I knew I had sone thing valuable. Thanks Ramit- this inspired me to dig deeper and keep on going. Don’t give up just because you had a dip or downturn. Pivot or add another service or product until it works again. 👍👍👍👍👍👍
I love how Ramit and Noah Kagan (among others) are breaking down the barriers of entrepreneurship.
Most of what you hear is 'If you're not willing to grind 24hrs a day and sacrifice everything you're not ready to build a business'. Hard work is important but business lies on a scale, from small to global. Thanks for the amazing free content.
its such bs how the others get down. Ramit is all facts
15:11 I started a business that I'm currently in right now around 11 years ago, I remember among my very first clients walked in and asked whether I could open an email address for her. I did and the client paid me 30c. It still gives me goosebumps thinking about it!
Ramit, thanks, man. You really woke me up this morning. I've had an idea brewing for about two years now, an idea I truly believe will be successful, help people's lives, and it'll help people get through tough times, just like me, a 52 years old father of two, who used to financially support his family. However, in the last three years, I've faced numerous challenges and have been dealing with a very difficult time. Thanks to my wonderful wife for her unwavering support, she's been my rock through those dark days. Thank YOU for making me feel capable of making this idea happen. Today marks the beginning of a successful journey for me. I'll come back soon to share my progress at this same post. Thanks again, my friend!
he's the best. changed my life
Just a few days away from kickstarting my side hustle! This video is just what I needed to remember that it's okay not to strive for perfection. Thanks for the breathing room, Ramit! 🌟 Juggling a full-time job, family, my new CSP, and a new business after bedtime is no joke, but here I go! I'm 38 but happy to be learning all these techniques now.
How come this type of info was not included in your book? You should really write a second book and just make it about entrepreneurship.
I cover this in much, much more detail in my Earnable program. Highly recommended!
@ramitsethi but I've never seen you advertise that program so 🤷♂️
Loved listening to this! This is how I started my bow tie and accessories business. I decided to keep it as my side hustle. It allows me to use my passion of sewing, marketing, and connecting with people in person and online. Thanks Ramit!
I love to sew and I want to start my own business
Yay! You should look into it! I learned to sew in 7th grade. All the boys had to at my school! Anyway, you can do it!
I've had a business idea for months now and have definitely fallen into the trap of wanting to start big/complicated. These steps really help put that into perspective for me and I'm excited to start actually making progress!
Fantastic breakdown on bootstrapping a business! Focusing on the intersection of what you love, excel at, and can earn from, without waiting for perfection, sets a solid foundation for success and scalability. 👍
Thanks for the video. I’m working on my budgeting accessories business now. I am at the beginning stages but I’m excited to see where it takes me. This video was helpful.
I'd buy the ironing course!
But only for $4
0:56 yes I would buy that course
same lol
Here are the powerful learnings from the video:
Identify a profitable business idea people will pay for and that you can do.
Validate your idea using the pay certainty technique.
Focus on getting your first few customers.
Be prepared to learn new skills and adapt as your business grows.
Hi
Repeatable business is the key to becoming rich.
Thanks for the advice!
You done good man. Rock on
Thank you! I’m growing my business and this information is very helpful 😊
Hi
Please do a video on how debt steals from our future self
growing strong
Th the e rule of it has to make 3x for 3. Months is SO IMPORTANT
Are there grants for small business start ups?
Yes. Look up the small business administration for your state. They may have an office near you, or be able to recommend resources in your area.
I have an idea, and get concerned about if it fails. So i also created ideas 2 and 3 that would use all of the same equipment, and sell to either crossover consumers, or seperate ones. Is that too deep? I grew up with a dad who always said no, my ideas wouldn't work, etc. ironically, it makes me really think through issues that might pop up, and always have contingency plans. Nothing like the word 'No!' to fire me up these days 😂
100% business is all about math ....that satisfies you ahead of even starting the process
I’m waiting for all the comments saying “RAMIT JUST SAID OLD PEOPLE ARE NOT STYLISH AND DONT GIVE A DAMN” 🤣😂. Love me some Ramit!
That IS a lift. It's called the reverse hammer curl, and it's a waste of time
Hi
How I sell bathing salt
I'm sure people will always buy houses. I'm interested in buying tax lien properties(pennies on the dollar) and flipping them in a few categories wholesale, fix & flip, and Retail market homes so it can leverage me into all aspects of R.E.
Well you need a lot of money to do that.
@@JoyceElFer sure but they're tax lien properties!
I know what that means. But you need money to buy it, fix it and flip them.
@@Yungmansgift215 he is providing ideas for no to minimal money.
Buying tax lien properties for “pennys on the dollar” is EXTREMELY rare, and if was that easy to get a $600K house for $60K we’d all be living in them
This video comes to me too late.
3 months? I would say 3 years but im extreme guy. lol.
Thank you ! I’ll want at least 2 more source of income I’ll guess I have this 4 Step ! Please pray for everyone who is hustle as me and let’s get on the boat to sell 😂🎉❤🙏
❤
You😂
😮 you've miss the reality check as always 😂
How about people like me we are average. I mean I am not perfect everything that I do is ok. I have nothing special I cannot be a coach or anything else. Even though I have years of experience in my work I don't feel confident enough to do things like others. I have tried, but nothing works.
Can you tell me a little more about what you've tried?
You need to start with changing your mindset! You can do with the right mindset!!
@@ramitsethi I tried Amazon selling stuff and even if it seemed I made money, I lost more than 20k. and I am not someone with lots of money so this did not help. I tried Other small businesses like baking at home but there is so much competition. Now, my husband and I have opened a small store business and I can tell you we are having many difficulties. It's been almost 18 months. It's not easy but I really want this to work. I have read your book and started investing even if money is not easy these days. I have so many things to say. Thank you for responding.
@@mariaeugeniaespinozam.3691 I am trying my best. I have the book of Ramit he is my number one fan. Thank you.
@@adnesavchen1549I hear you. I garden, and lots of people in my area grow the same things as me. I started to look outside the box, to see maybe what I could grow that was different. Can you do something similar with the baking for instance? If everyone makes blueberry muffins, could you try morning glory? The next year, people started copying what I grew. It was eye opening, that I was the one to come up with the new ideas.
So.much fluff.